High-grade copper for March delivery HGH5, -0.98% declined 3 cents, or 1%, to just under $2.83 a pound. Copper futures recently fell to their lowest level since June 2010, and are down 17% for the year.
In other metals trading, platinum for April delivery PLJ5, -0.85% declined $9.80, or 0.8%, to settle at $1,209.50 an ounce. The metal is off 12% for the year.
Palladium for March delivery PAH5, -0.82% fell $5.80, or 0.7%, to settle at $798.40 an ounce, a n 11% increase over the year.
Silver for March delivery SIH5, -3.63% lost 68 cents, or 4.2%, to settle at $15.60 an ounce. Silver has declined 19% from its year-ago settlement of $19.37 an ounce.